WTI Crude Oil Mid-day Analysis 05 Sep 2019

Further Advance

Our Pivot:54.51

Our Preference: Buy above 55.40 with strict stop loss of 54.51 and target at 56.94 and 57.67.

Alternate Scenario: Downward penetration of 54.51 will call for 53.33.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.